Voluntary transfers among Italian households: Altruistic and non-altruistic explanations

Structural Change and Economic Dynamics

Volumn 9, Issue 4, 1998, Pages 435-451

  Cigno, Alessandro ^a   C Giannelli, Gianna ^a   Rosati, Furio C ^b  

^a UNIVERSITY OF FLORENCE   (Italy)

^b UNIVERSITY OF ROME TOR VERGATA   (Italy)

Author keywords

Altruism; Self interest; Voluntary transfers

Indexed keywords

CREDIT PROVISION; HOUSEHOLD INCOME; LENDING BEHAVIOR;

ITALY;

EID: 0032408464     PISSN: 0954349X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0954-349X(98)00044-7     Document Type: Article

References (22)

1. Altonji J.G., Hayashi F., Kotlikoff L.J. Is the extended family altruistically linked? Direct evidence using micro data. American Economic Review. 82:1992;1177-1198.
2. Becker G.S. A theory of social interactions. Journal of Political Economy. 82:1974;1063-1093.
3. Cigno, A., 1991. Economics of the Family. Oxford University Press and Clarendon Press, New York and Oxford.
4. Cigno A. Intergenerational transfers without altruism. European Journal of Political Economy. 7:1993;505-518.
5. Cigno, A., 1998. Self-enforcing family constitutions. In: Mason, A., Tapinos, G. (Eds.) Sharing Wealth: Demographic Change and Economic Transfers between Generations. Oxford University Press, New York.
6. Cigno A., Rosati F.C. The effects of financial markets and social security on saving and fertility behaviour in Italy. Journal of Population Economics. 5:1992;319-341.
7. Cigno A., Rosati F.C. Jointly determined saving and fertility behaviour: theory, and estimates for Germany, Italy, UK, and USA. European Economic Review. 40:1996;1561-1589.
8. Cigno A., Rosati F.C. Rise and fall of the Japanese saving rate: the role of social security and infra-family transfers. Japan and the World Economy. 9:1997;81-92.
9. Cigno, A., Giannelli, G.C., Rosati, F.C., 1997. Altruism, egoism and credit rationing: a study of private transfers, conference paper. European Economic Association, Toulouse.
10. Cox D. Motives for private income transfers. Journal of Political Economy. 95:1987;508-546.
11. Cox D., Jakubson G. The connection between public transfers and private interfamily transfers. Journal of Public Economics. 57:1995;129-167.
12. Cox D., Rank M. Inter-vivos transfers and intergenerational exchange. Review of Economics and Statistics. 74:1992;305-314.
13. Cox, D., Stark, O. 1996. Intergenerational transfers and the demonstration effect, ESPE annual conference, Uppsala.
14. Danziger S., Havernan R., Plotnick R. How income transfers affect work, savings and the distribution of income. Journal of Economic Literature. 29:1981;975-1028.
15. Guiso L., Jappelli T. Intergenerational transfers and capital market imperfections. European Economic Review. 35:1991;103-120.
16. Greenwood D.T., Wolff E.N. Changes in wealth in the United States, 1962-83. Journal of Population Economics. 5:1992;261-288.
17. Heckman J. The common structure of statistical models of truncation, sample selection and limited dependent variables and a simple estimator of such models. Annals of economic and Social Measurement. 5:1976;475-492.
18. Kotlikoff L.J. Intergenerational transfers and saving. Journal of Economic Perspectives. 2:1988;41-58.
19. ISTAT, 1993. Sintesi dei risultati dell'indagine, Indagine Multiscopo sulle Famiglie, vol. 8, La Condizione degli Anziani. Istituto Nazionale di Statistica, Rome.
20. Lampman R.I., Smeeding T.M. Interfamily transfers as alternatives to government transfers to persons. Review of Income and Wealth. 29:1983;45-66.
21. Maddala, G.S., 1983. Limited Dependent and Qualitative Variables in Econometrics, Cambridge University Press, Cambridge, USA.
22. Rosati F.C. Social security in a non-altruistic model with uncertainty and endogenous fertility. Journal of Public Economics. 60:1996;283-294.